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Lodestar Minerals Initiates Trading Halt Ahead of Capital Raising Announcement

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Lodestar Minerals Initiates Trading Halt Ahead of Capital Raising Announcement

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An update from Lodestar Minerals ( (AU:LSR) ) is now available.

Lodestar Minerals Limited has requested a trading halt on its securities, effective immediately, as it prepares to make an announcement regarding a capital raising. The trading halt will remain in place until the announcement is made or until normal trading resumes on June 30, 2025. This move is likely to impact the company’s financial operations and could have implications for its stakeholders, as it suggests a strategic effort to secure additional funding.

More about Lodestar Minerals

Lodestar Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is based in Western Australia and is listed on the Australian Securities Exchange (ASX).

Average Trading Volume: 4,295,938

Technical Sentiment Signal: Sell

Current Market Cap: A$1.91M

See more insights into LSR stock on TipRanks’ Stock Analysis page.

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